ScoreWhy is Access Engineering Plc ?
1
Poor Management Efficiency with a low ROCE of 9.71%
- The company has been able to generate a Return on Capital Employed (avg) of 9.71% signifying low profitability per unit of total capital (equity and debt)
2
Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.94 times
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.94 times
- The company has been able to generate a Return on Capital Employed (avg) of 9.71% signifying low profitability per unit of total capital (equity and debt)
3
Flat results in Mar 26
- INTEREST COVERAGE RATIO(Q) Lowest at 271.08
- OPERATING PROFIT MARGIN(Q) Lowest at 17.86 %
- RAW MATERIAL COST(Y) Grown by 51.43% (YoY)
4
With ROE of 17.33%, it has a very attractive valuation with a 2.07 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 21.28%, its profits have risen by 53.6% ; the PEG ratio of the company is 0.2
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Access Engineering Plc should be less than 10%
- Overall Portfolio exposure to Construction should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Construction)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Access Engineering Plc for you?
Medium Risk, High Return
Absolute
Risk Adjusted
Volatility
Access Engineering Plc
21.28%
7.18
29.17%
Sri Lanka CSE All Share
11.95%
0.72
16.49%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
14.81%
EBIT Growth (5y)
36.09%
EBIT to Interest (avg)
2.51
Debt to EBITDA (avg)
3.12
Net Debt to Equity (avg)
0.63
Sales to Capital Employed (avg)
0.48
Tax Ratio
32.07%
Dividend Payout Ratio
27.90%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
10.39%
ROE (avg)
13.06%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
12
Industry P/E
Price to Book Value
2.07
EV to EBIT
11.81
EV to EBITDA
10.80
EV to Capital Employed
1.52
EV to Sales
2.66
PEG Ratio
0.22
Dividend Yield
NA
ROCE (Latest)
12.90%
ROE (Latest)
17.33%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend12What is working for the Company
INVENTORY TURNOVER RATIO(HY)
Highest at 1.06 times
DEBTORS TURNOVER RATIO(HY)
Highest at 2.95 times
NET SALES(Q)
At LKR 13,930.31 MM has Grown at 72.74%
PRE-TAX PROFIT(Q)
Highest at LKR 5,754.86 MM
NET PROFIT(Q)
Highest at LKR 3,306.4 MM
EPS(Q)
Highest at LKR 3.31
-8What is not working for the Company
INTEREST COVERAGE RATIO(Q)
Lowest at 271.08
OPERATING PROFIT MARGIN(Q)
Lowest at 17.86 %
RAW MATERIAL COST(Y)
Grown by 51.43% (YoY
INTEREST(Q)
Highest at LKR 917.66 MM
Here's what is working for Access Engineering Plc
Pre-Tax Profit
At LKR 5,754.86 MM has Grown at 165.4%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (LKR MM)
Net Sales
At LKR 13,930.31 MM has Grown at 72.74%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (LKR MM)
Pre-Tax Profit
Highest at LKR 5,754.86 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (LKR MM)
Net Profit
Highest at LKR 3,306.4 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (LKR MM)
EPS
Highest at LKR 3.31
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (LKR)
Inventory Turnover Ratio
Highest at 1.06 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 2.95 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Access Engineering Plc
Interest
At LKR 917.66 MM has Grown at 46.43%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (LKR MM)
Interest Coverage Ratio
Lowest at 271.08
in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Operating Profit Margin
Lowest at 17.86 % and Fallen
In each period in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Interest
Highest at LKR 917.66 MM
in the last five periods and Increased by 46.43% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (LKR MM)
Raw Material Cost
Grown by 51.43% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales
Non Operating Income
Highest at LKR 0.73 MM
in the last five periodsMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating income
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